Open House Observations
A couple of general “open house” observations: 1. We can’t help but notice the marked return of the Saturday open house (currently 86 scheduled for this weekend in San Francisco);…
Affordability Is Up! (But Not Really)
Earlier this morning, we referenced the Housing Affordability Index (HAI) which is published by the California Association of Realtors (C.A.R.). According to the last published index (February), the percentage of…
Nobody Actually Owns A Home In “Bay Area”
A key sentence in the Chronicle’s recent overview of the Bay Area housing market: “The trouble with housing forecasts, experts say, is that there is no single market but rather…
San Francisco Median Sales Price And Sales Decline
According to DataQuick, the median sales price for existing homes in San Francisco was $771,000 last month, down 0.6% from $776,000 in July ’05. Sales volume was down 23.9% year-over-year…
A Hidden Opportunity, Another Data Point, Or Both?
Last November, 88 King Street #116 (a two-level, 1,500+ sqft condo at The Towers) hit the market for $1,110,000. At the time, it probably seemed like a relatively reasonable list…
Yet Another Data Point At 2760 Sacramento
Perhaps their ears were burning. (Or they decided to capitalize on all the attention 2760 Sacramento #11 was generating on SocketSite.) In either case, 2760 Sacramento #9 just hit the…
SocketSite’s San Francisco Inventory Update: 7/24/06
Home sales have been matched by new inventory over the past two weeks as the housing inventory in San Francisco remains relatively unchanged since our last report (7/7/06). In addition,…
But Isn’t The Median Sales Price Up?
Last November, 2760 Sacramento #3 (a 1,220 sqft. first floor, one bedroom, one bath condo without parking) sold for $827,000. Three days ago, the asking price for 2760 Sacramento #11…
San Francisco Median Sales Price Rebounds Slightly
According to DataQuick, the median sales price for existing homes in San Francisco was $778,000 last month, up 2.4% from $760,000 in June ’05 (matching the high-water mark of October…
Bonuses At The Beacon
So while it’s not fifty percent, forty-three percent of the current re-sale listings for 260 King Street (The Beacon) have seen at least one price reduction. Unit #369 is advertising…